Real interest rate — all countries

Real interest rate — Panama

Real interest rate in Panama in 2022 — 4.61%. Ranked 21 in the world out of 97. Since 1996, the indicator has fallen by 15.63 pp.

2022 4.61% −0.83 pp vs 2021
World rank 21of 97
Period maximum 20.24%1996
Period minimum 0.4%2008

Trend over time

1996–2022 · % per annum

Real interest rate — Panama, 1996–2022010203019961999200220052008201120142017202020221996: 20.24%1997: 9.31%1998: 10%1999: 9.76%2000: 12.19%2001: 9.41%2002: 8.5%2003: 8.71%2004: 6.05%2005: 6.87%2006: 6.37%2007: 5.77%2008: 0.4%2009: 1.22%2010: 4.64%2011: 1.92%2012: 1.32%2013: 1.17%2014: 2.14%2015: 3.38%2016: 4.02%2017: 4.88%2018: 6.14%2019: 6.52%2020: 7.54%2021: 5.44%2022: 4.61%
Change over the period: −15.63 pp Annual average: -0.6 pp
Real interest rate — Panama, by year Panama All countries CSV XLSX
Year % Change, pp
2022 4.61 −0.83 pp
2021 5.44 −2.1 pp
2020 7.54 +1.02 pp
2019 6.52 +0.38 pp
2018 6.14 +1.26 pp
2017 4.88 +0.86 pp
2016 4.02 +0.65 pp
2015 3.38 +1.24 pp
2014 2.14 +0.97 pp
2013 1.17 −0.15 pp
2012 1.32 −0.6 pp
2011 1.92 −2.72 pp
2010 4.64 +3.43 pp
2009 1.22 +0.82 pp
2008 0.4 −5.37 pp
2007 5.77 −0.6 pp
2006 6.37 −0.5 pp
2005 6.87 +0.82 pp
2004 6.05 −2.66 pp
2003 8.71 +0.21 pp
2002 8.5 −0.9 pp
2001 9.41 −2.78 pp
2000 12.19 +2.43 pp
1999 9.76 −0.25 pp
1998 10 +0.69 pp
1997 9.31 −10.93 pp
1996 20.24

Central America, 2022

The same indicator for neighboring countries — with links to their pages

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

Source: World Economic Outlook (IMF), license IMF open data.